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NYSE:HWM

Howmet Aerospace (HWM) Stock Price, News & Analysis

$82.68
+0.34 (+0.41%)
(As of 07/26/2024 ET)
Today's Range
$81.41
$83.29
50-Day Range
$77.30
$85.30
52-Week Range
$42.94
$85.52
Volume
2.67 million shs
Average Volume
3.20 million shs
Market Capitalization
$33.75 billion
P/E Ratio
39.94
Dividend Yield
0.24%
Price Target
$77.76

Howmet Aerospace MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
5.9% Downside
$77.76 Price Target
Short Interest
Healthy
2.50% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.80
Upright™ Environmental Score
News Sentiment
0.84mentions of Howmet Aerospace in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$2.75 M Sold Last Quarter
Proj. Earnings Growth
21.76%
From $2.39 to $2.91 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.49 out of 5 stars

Construction Sector

7th out of 101 stocks

Rolling, Drawing, & Extruding Of Nonferrous Metals Industry

1st out of 6 stocks

HWM stock logo

About Howmet Aerospace Stock (NYSE:HWM)

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating and structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners; and latches, bearings, fluid fittings, and installation tools. The Engineered Structures segment provides titanium ingots and mill products, aluminum and nickel forgings, and machined components and assemblies for aerospace and defense applications; and titanium forgings, extrusions, and forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania.

HWM Stock Price History

HWM Stock News Headlines

Howmet Aerospace to expand in Tennessee
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
LPX Jan 2025 95.000 put
Why Howmet Aerospace Stock Is Soaring
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 5/28 Dividend
5/09/2024
Dividend Payable
5/28/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Rolling, drawing, & extruding of nonferrous metals
Sub-Industry
Steel Works
CIK
4281
Employees
23,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$77.76
High Stock Price Target
$95.00
Low Stock Price Target
$58.00
Potential Upside/Downside
-5.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
17 Analysts

Profitability

Net Income
$765 million
Pretax Margin
15.42%

Debt

Sales & Book Value

Annual Sales
$6.64 billion
Cash Flow
$2.62 per share
Book Value
$9.67 per share

Miscellaneous

Free Float
403,611,000
Market Cap
$33.75 billion
Optionable
Optionable
Beta
1.45
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Key Executives

  • Mr. John C. Plant FCA (Age 70)
    Executive Chairman & CEO
    Comp: $7.34M
  • Mr. Kenneth J. Giacobbe (Age 58)
    Executive VP & CFO
    Comp: $1.99M
  • Ms. Lola Felice Lin (Age 49)
    Executive VP, Secretary, Chief Legal & Compliance Officer
    Comp: $1.79M
  • Mr. Neil E. Marchuk (Age 66)
    Executive VP & Chief Human Resources Officer
    Comp: $2.08M
  • Mr. Michael Niem Chanatry (Age 64)
    Executive VP & Chief Commercial Officer
    Comp: $1.37M
  • Mr. Paul Thomas Luther Jr.
    Vice President of Investor Relations
  • Mr. Randall Scheps (Age 56)
    President of Forged Wheels
  • Ms. Margaret S. Lam Esq.
    Assistant Secretary, Associate General Counsel and Chief Securities & Governance Counsel
  • Mr. Merrick Murphy
    President of the Engine Products Segment
  • Mr. Vagner Finelli
    President of Howmet Fastening Systems

Should I Buy Howmet Aerospace Stock? HWM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Howmet Aerospace Inc.:

  • Howmet Aerospace's revenue for the quarter was up 13.8% compared to the same quarter last year, indicating strong growth potential.
  • The company recently announced a dividend payout, providing investors with a steady income stream.
  • Analysts expect Howmet Aerospace to post earnings per share of 2.39 for the current fiscal year, showing positive earnings outlook.
  • Recent analyst coverage from BTIG Research initiated a "buy" rating with a price target suggesting a potential upside of 20.25% from the current price, indicating positive market sentiment.
  • The company's stock price has been showing an upward trend, with a 52-week high of $85.52, reflecting strong market performance.

Cons

Investors should be bearish about investing in Howmet Aerospace Inc. for these reasons:

  • One insider, EVP Neil Edward Marchuk, recently sold a significant number of shares, which may raise concerns about insider sentiment.
  • The company's payout ratio is currently 9.66%, which could indicate limited reinvestment in growth opportunities.
  • Howmet Aerospace's PE ratio of 38.15 suggests the stock may be trading at a relatively high valuation compared to industry peers.
  • The company's beta of 1.50 indicates higher volatility compared to the market average, posing risks for investors.
  • While the stock has shown positive performance, the debt-to-equity ratio of 0.86 may raise concerns about the company's financial leverage.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, July 23, 2024. Please send any questions or comments about these Howmet Aerospace pros and cons to contact@marketbeat.com.

HWM Stock Analysis - Frequently Asked Questions

How have HWM shares performed this year?

Howmet Aerospace's stock was trading at $54.12 at the start of the year. Since then, HWM shares have increased by 52.8% and is now trading at $82.68.
View the best growth stocks for 2024 here
.

How were Howmet Aerospace's earnings last quarter?

Howmet Aerospace Inc. (NYSE:HWM) posted its earnings results on Thursday, May, 2nd. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.52 by $0.05. The firm's revenue for the quarter was up 13.8% on a year-over-year basis.
Read the conference call transcript
.

Who are Howmet Aerospace's major shareholders?

Top institutional shareholders of Howmet Aerospace include Bank of New York Mellon Corp (1.50%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), Raymond James & Associates (0.09%) and New York State Teachers Retirement System (0.08%). Insiders that own company stock include Ken Giacobbe, Neil Edward Marchuk and Barbara Lou Shultz.
View institutional ownership trends
.

How do I buy shares of Howmet Aerospace?

Shares of HWM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Howmet Aerospace own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Howmet Aerospace investors own include Arconic (ARNC), AT&T (T), Alcoa (AA), General Electric (GE), Intel (INTC), Boeing (BA) and Bank of America (BAC).

This page (NYSE:HWM) was last updated on 7/27/2024 by MarketBeat.com Staff

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